Question: How do companies determine their value chain?At what point(s) does management define the value chain for a product/service? What benefit and importance does a value

  1. How do companies determine their value chain?At what point(s) does management define the value chain for a product/service? What benefit and importance does a value chain provide for decision making?
  2. Why is cost-volume profit (CVP) so important and provide a real life example you may have been involved in or find of interest as far as break-even for a product/service.

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